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Folding Bikes Market Set for Rapid Growth During 2022 - 2028

03-09-2022 04:22 PM CET | Logistics & Transport

Press release from: The Insight Partners

Folding Bikes Market

Folding Bikes Market

Folding bikes are two-wheeled vehicles that are built to fold into a compact and portable size for easy transportation and to take up less room. Folding bikes offer more versatility and comfort than traditional bicycles since they come with a variety of features such as mixed compute flexibility, reduced theft risk, easy carrying and storage, and electric propulsion, among others. Furthermore, people have been motivated to use bicycles as a regular mode of transportation due to the long walking distance between their offices, stations, and residences. As a result, the demand for folding bikes is projected to rise at a faster rate during the forecast period due to an increase in the adoption of bicycles.

Factors such as government legislation encouraging the use of electric bikes, customer preference for e-bikes as an environmentally friendly and reliable mode of transportation, and rising fuel prices are propelling the global folding bikes market. Additionally, Improvements in bicycle infrastructure and battery technology are creating a lucrative opportunity and supplementing the global folding bike market. Whereas, high cost of foldable bikes is expected to restrain market growth during forecast period.

Get Exclusive Sample Pages of Folding Bikes Market at https://www.theinsightpartners.com/sample/TIPRE00022372/

Companies Profiled in this report includes:  Bickerton Portables, Bobbin Bicycles Ltd, Brompton Bicycle Ltd, Montague Corporation, Pacific Cycles, Vilano Bikes, Giant Bicycles, Dahon, Gocycle, Raleigh UK Ltd, Ming Cycle

MARKET SEGMENTATION

The global folding bikes market is segmented on the basis of product type, drive type, application, distribution channel. On the basis of product type the market is segmented as, mid-fold, vertical fold, triangle hinge. On the basis of drive type the market is segmented as, conventional, electric. On the basis of application the market is segmented as, sports, fitness, commercial, others. Further, on the basis of distribution channel the market is segmented as, offline and offline.

To Speak analyst on Folding Bikes Market Growth Research Report at https://www.theinsightpartners.com/speak-to-analyst/TIPRE00022372

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global folding bikes market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The folding bikes market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

Order Copy of this Folding Bikes Market Research Study at https://www.theinsightpartners.com/buy/TIPRE00022372/

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi

E-mail: sales@theinsightpartners.com

Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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